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India Autonomous Vehicle Market Size, Trends, Analysis and Forecast 2025-2033

The India autonomous vehicle market size was valued at USD 2.6 Billion in 2024 and is expected to reach USD 23.3 Billion by 2033, exhibiting a growth rate (CAGR) of 24.3% during 2025-2033.

India Autonomous Vehicle Market 2025-2033

According to IMARC Group's report titled "India Autonomous Vehicle Market Size, Share, Trends and Forecast by Component, Level of Automation, Application, and Region, 2025-2033", The report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

How Big is the India Autonomous Vehicle Industry ?

The India autonomous vehicle market size was valued at USD 2.6 Billion in 2024 and is expected to reach USD 23.3 Billion by 2033, exhibiting a growth rate (CAGR) of 24.3% during 2025-2033.

India Autonomous Vehicle Market Trends:

The Indian AV market has seen rapid evolution with the changing mobility ecosystem and advancements in technology. The major trend that can be noticed is the application of AI and machine learning in vehicle systems to enable advanced driver assistance systems such as adaptive cruise control and lane-keeping assistance. Developments in electric autonomous vehicle (AEV) technology are gathering momentum, and are in sync with India's objectives on sustainability and fossil fuel dependence. Several government-sponsored pilot projects and smart cities as testbeds are providing the necessary opportunities for testing AEVs in controlled environments for future deployments. This has resulted in collaborations between automakers and tech companies to develop indigenous AV systems leveraging local manufacturing capabilities.

V2X communication is also improving traffic safety and flow, as it creates an interplay between the AV and its surroundings, including other vehicles or infrastructure systems. Autonomous buses and last-mile delivery robots are probably the best known applications for AVs today and may alleviate first- and last-mile connectivity problems as their use increases. Furthermore, the Indian market has witnessed increased investment in sensor technologies, including LiDAR and radar, due to the need for accurate navigation in the national road traffic system. Mobility-as-a-service platforms have also helped in increasing the market for AVs in shared mobility and in changing urban mobility patterns in India.

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India Autonomous Vehicle Market Scope and Growth Analysis:

Urbanization, infrastructure development, and advances in technology cause a rapid projection for the AV market in India. AVs potentially improve freight and logistics with strength since they help streamline distribution networks and cut costs. The market drive is receiving industry attention due to the increasing need for safer and more efficient transportation, the potential to reduce crashes from human errors, and the growth of 5G networks. The need for 5G networks is to provide high-speed data transfer with lower latency, allowing the AV to process data in real time.

The commercial vehicle side of AVs, including trucks and fleets of buses and taxis, is expected to be the first to deploy AVs, because they are more economical for fleet owners. On the policy side, work is underway to establish safety and liability standards for AVs at the country and state levels. With the advent of edge computing, the IoT, the growing acceptance of connective technologies by the consumer, as well as the increasing urbanization in the country, India's AV ecosystem is likely to develop smart and next generation mobility solutions making it a strong growth market over the long term.

India Autonomous Vehicle Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Component:

  • Hardware
  • Software and Services

Breakup by Level of Automation:

  • Level 3
  • Level 4
  • Level 5

Breakup by Application:

  • Transportation and Logistics
  • Military and Defense

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitor Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. 

Other key areas covered in the report:

  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies
  • Recent Industry News
  • Key Technological Trends & Development

Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=8962&flag=E**** 

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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